ArcBest Corporation (ARCB)
| Market Cap | 3.02B |
| Revenue (ttm) | 4.43B |
| Net Income (ttm) | 195.43M |
| Shares Out | 23.50M |
| EPS (ttm) | 7.93 |
| PE Ratio | 16.34 |
| Forward PE | 12.50 |
| Dividend | $0.48 (0.37%) |
| Ex-Dividend Date | Feb 15, 2024 |
| Volume | 196,311 |
| Open | 130.02 |
| Previous Close | 138.08 |
| Day's Range | 126.77 - 132.00 |
| 52-Week Range | 82.18 - 153.60 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 147.33 (+14.75%) |
| Earnings Date | Apr 30, 2024 |
About ARCB
ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers mot... [Read more]
Financial Performance
In 2023, ArcBest's revenue was $4.43 billion, a decrease of -11.96% compared to the previous year's $5.03 billion. Earnings were $195.43 million, a decrease of -34.46%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for ARCB stock is "Buy." The 12-month stock price forecast is $147.33, which is an increase of 14.75% from the latest price.
News
ArcBest Declares a $0.12/Share Quarterly Dividend
FORT SMITH, Ark.--(BUSINESS WIRE)--The Board of Directors of ArcBest® (Nasdaq: ARCB) has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, ...
ArcBest Announces Its First Quarter 2024 Earnings Conference Call
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its first quarter 2024 financial results before the market opens on Tuesday, April 30, 2024. A conference call with company exe...
ArcBest Helps Bridge the Gap Between Robotics and Logistics Using NVIDIA Technology
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announced a collaboration with NVIDIA that uses the NVIDIA Isaac Perceptor to improve safety and efficiency in material-handling processes.
ArcBest unveils new autonomous tool for freight efficiency and optimization
Judy McReynolds, ArcBest CEO, disucsses the Vaux Smart Autonomy and its impact on supply chain efficiencies.
ArcBest Launches Vaux Smart Autonomy™ to Unlock Supply Chain Efficiencies
FORT SMITH, Ark.--(BUSINESS WIRE)--Vaux Smart Autonomy combines AMR forklifts and reach trucks with intelligent software and teleoperation capabilities to automate material handling.
ArcBest Announces Fourth Quarter and Full Year 2023 Results
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported fourth quarter 2023 revenue from continuing operations of $1.1 billion, compared to $1.2 ...
ArcBest Declares a $0.12/Share Quarterly Dividend
FORT SMITH, Ark.--(BUSINESS WIRE)--The Board of Directors of ArcBest® (Nasdaq: ARCB) has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, ...
ArcBest Announces Its Fourth Quarter 2023 Earnings Conference Call
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its fourth quarter 2023 financial results before the market opens on Tuesday, February 6, 2024. A conference call with company ...
ArcBest Named a 2024 FreightTech 25 Most Innovative Company
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest, a leader in supply chain logistics, announced today that the company has been named to the prestigious 2024 FreightTech 25 list.
ArcBest CEO Judy McReynolds on operating within a weaker freight environment
Judy McReynolds, CEO of ArcBest, discusses the state of freight and the signals it may be sending about the broader economy.
ArcBest Announces Third Quarter 2023 Results
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported third quarter 2023 revenue from continuing operations of $1.1 billion, compared to $1.3 b...
ArcBest Announces Its Third Quarter 2023 Earnings Conference Call
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its third quarter 2023 financial results prior to the opening market on Friday, October 27, 2023. A conference call with compan...
ArcBest and the Fort Smith Symphony to Host Free Community Concert Celebrating 100 Years of Business and Musical Excellence
FORT SMITH, Ark.--(BUSINESS WIRE)--Community members are invited to attend a free Fort Smith Symphony concert at ArcBest headquarters on Saturday, October 7.
ArcBest CEO Judy McReynolds on state of freight, supply chain revamp
Judy McReynolds, ArcBest CEO, joins 'Squawk Box' to discuss the state of freight and supply chain, impact on the broader economy, union contract negotiations, and more.
ArcBest Recognized by Forbes as One of America's Best-in-State Employers for 2023
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest was named a 2023 Forbes America's Best-in-State Employer. ArcBest ranks #3 in Arkansas and #1 in the state for transportation and logistics.
Yellow blames bankruptcy filing on ‘bullying' by Teamsters
Yellow, the Nashville, Tenn.-based trucking company announced late Sunday that it had filed for bankruptcy, and pulled no punches in putting the blame squarely on the Teamsters union, saying the union...
ArcBest Announces Second Quarter 2023 Results
Well-positioned to serve customers in a rapidly changing market Increased focus on efficient and effective operations Second quarter 2023 net income of $40.4 million, or $1.64 per diluted share. Secon...
ArcBest Announces Its Second Quarter 2023 Earnings Conference Call
FORT SMITH, Ark. , July 10, 2023 /PRNewswire/ -- ArcBest ® (Nasdaq: ARCB) will announce its second quarter 2023 financial results prior to the opening market on Friday, July 28, 2023.
ABF Freight® Teamsters Contract Fully Ratified
Five-year ABF National Master Freight Agreement with International Brotherhood of Teamsters fully ratified including all regional agreements Final 2 of 27 supplemental agreements passed this week Impl...
ABF Freight® National Master Freight Agreement Ratified
Five-year ABF National Master Freight Agreement with International Brotherhood of Teamsters ratified overwhelmingly, along with 25 of 27 supplemental agreements Two rejected supplements have reached n...
ArcBest: A Best-In-Class Trucking Company
ArcBest Corp. ( ARCB , Financial) celebrates its 100th year of business this year and continues to be an integral part of the U.S. trucking industry, which is one of the most valuable segments to the ...
ArcBest's chief yield officer steps down
Transportation and logistics provider ArcBest said Thursday that Chief Yield Officer Danny Loe has resigned to “explore other opportunities.” Loe informed the company on Monday that his last day would...
ArcBest Announces Promotion of Christopher Adkins as Yield Leader and Departure of Chief Yield Officer Danny Loe
FORT SMITH, Ark. , June 8, 2023 /PRNewswire/ -- ArcBest ® (Nasdaq: ARCB), a leader in supply chain logistics, today announced its Chief Yield Officer Danny Loe has decided to leave the company effecti...
ArcBest defends dynamic pricing strategy
Transportation and logistics provider ArcBest is relying more on transactional freight to keep its network full as demand has cooled. The company recorded shipment growth in both its asset-based and a...
ArcBest Announces First Quarter 2023 Results
Grew Shipments Despite a Softer Market Backdrop Executing on Accelerated Return of Capital to Shareholders Following Recent Sale of FleetNet America First quarter 2023 net income, including discontinu...